New Construction Loans in Columbus, OH
Columbus, OH, is a booming city for real estate investment. With a growing population and a diverse economy, it’s no surprise that investors, developers, and builders are flocking to this Midwestern metropolis.
However, starting a new construction project requires a significant amount of capital, which can be a major hurdle for many investors. Fortunately, Insula Capital Group is here to help with our new construction loans in Columbus, OH.
Why Invest in Columbus, OH, Real Estate?
Columbus, OH, is an excellent city for real estate investment. With a growing population, a strong job market, and a low cost of living, the city offers investors a range of opportunities. Additionally, Columbus is home to several major universities, which means that there is a steady supply of young, educated professionals who are looking for rental properties. This makes Columbus an excellent place to invest in rental properties, whether you’re looking to invest in multifamily units or single-family homes.
Benefits of New Construction Loans for Developers, Builders, and Investors
Insula Capital Group’s new construction loans offer a range of benefits for investors, developers, and builders. To begin with, we provide a reliable and affordable source of funding to support seasoned investors in achieving their objectives, regardless of whether they possess an extensive track record of completed projects or not. Our loans are specifically designed for those who want to undertake new construction projects but lack the necessary capital.
Moreover, our short-term new construction loans in Columbus, OH, only require you to have around three successful projects to qualify that were started from the ground up. This means that even if you’re a new investor, you can still access the capital you need to start your first construction project. With a loan-to-cost ratio of up to 75%, you’ll have the financial support you need to get your project off the ground.
Insula Capital Group’s new construction loans are also flexible, with a one-year term and no prepayment penalty. This means you can pay off your loan early if you choose, which can help you save on interest charges and improve your cash flow.
Just Funded Projects
We are a leading nationwide private lender & real estate investment company.
- Fix & Flip
- July 2022Washington, DC
| Purchase Price: | $255,000 |
| Renovation Budget: | $80,000 |
| Loan Amount: | $296,750 |
| After Repair Value: | $450,000 |
- Fix & Flip
- June 2022Weiser, ID
| Purchase Price: | $170,000 |
| Renovation Budget: | $59,000 |
| Loan Amount: | $207,000 |
| After Repair Value: | $309,000 |
- Fix & Flip
- July 2022Washington, DC
| Purchase Price: | $255,000 |
| Renovation Budget: | $80,000 |
| Loan Amount: | $296,750 |
| After Repair Value: | $450,000 |
- Fix & Flip
- June 2022Weiser, ID
| Purchase Price: | $170,000 |
| Renovation Budget: | $59,000 |
| Loan Amount: | $207,000 |
| After Repair Value: | $309,000 |
Multifamily/Mixed Use
Fix & Flip Calculator
Fix & Flip Financing
New Construction
Hard Money Loan
Residential Rental Program (Buy & Hold)
Private Lending Done Right.
A leading nationwide private lender & real estate investment company.
Frequently Asked Questions
The funds from a new construction loan can be used to cover a variety of project expenses, including land acquisition, construction materials, labor, permits, and other related costs.
Using a new construction loan from Insula Capital Group can provide several benefits, including access to competitive rates, flexible terms, and the ability to fund your project even with minimal experience or a smaller portfolio of completed projects.
To apply for a new construction loan from Insula Capital Group, you can contact their team of experts for more information and assistance with the loan application process. They will guide you through the requirements and steps to apply for a new construction loan tailored to your needs and project goals.
Let Us Help You!
If you’re a real estate investor, developer, or builder in Columbus, OH, and you’re looking for a reliable source of capital for your new construction projects, look no further than Insula Capital Group. Contact us today to learn more about our new construction loans in Columbus, OH, and how we can help you reach your goals.
Fill out our application now or check out our just-funded projects.